Ethereum bounces 6% but ETF outflows and weak activity undercut the rally
AI summary
Ethereum's price has rebounded 6%, but the rally looks fragile as spot ETH ETFs have seen no net inflows on any single day since September. Falling network activity adds to doubts about the move's durability, leaving traders focused on key support and resistance levels. Persistent institutional outflows suggest Wall Street demand remains weak despite the bounce.
